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Maize Farming Proposal

This document proposes a business plan for a large-scale maize farm on 4 hectares of land with an expected yield of 5 tons per hectare. The total cost of the farm project is estimated to be 230,000 naira, including land leasing, machinery rentals, labor, inputs, and seedlings. Risks to the maize crop include various weeds, pests, and diseases but these can be mitigated through pesticides and disease control methods. The farm aims to inject about 20 tons of maize into the market targeting fresh and dried grain buyers.

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WALGEN TRADING
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14K views3 pages

Maize Farming Proposal

This document proposes a business plan for a large-scale maize farm on 4 hectares of land with an expected yield of 5 tons per hectare. The total cost of the farm project is estimated to be 230,000 naira, including land leasing, machinery rentals, labor, inputs, and seedlings. Risks to the maize crop include various weeds, pests, and diseases but these can be mitigated through pesticides and disease control methods. The farm aims to inject about 20 tons of maize into the market targeting fresh and dried grain buyers.

Uploaded by

WALGEN TRADING
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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THE PROPOSED BUSINESS PLAN AND PROPOSAL ON MAIZE FARM

PREPARED FOR:

KICK START

PREPARED BY:
ONI AKINTUNDE
BLG 23, OLU – ONI STREET, OMI – ASORO, ILESA, OSUN STATE, NIGERIA.
MOBILE: 08146220585
EMAIL: TEDDY_HONY@YAHOO.CO.UK
EXECUTIVE SUMMARY

The proposed business is agro based; it entails production of maize in large scale. The
objective of this business is to produce maize to meet the social demand. The initiative is to start
a maize farm plantation with a minimum of 4 hectares of farmland to be cultivated throughout
the duration of maize growing season next year. Target yield is 5 tons per hectare. With total
input of 4 hectares of land, it is expected that the farm can inject about 20 tons of maize into the
market and ultimately market is targeted at Fresh maize buyers and Dried grains Buyers.

With the experience I have garnered from small scale maize farming it is evident that it
will be worthwhile to expand the business into a commercial venture to be producing in large
quantity. I believe my ability to organize, direct, control and equally calculate the risk will make
this business succeed without any iota of doubt in my mind.

FINANCIAL PROJECTION

LAND LEASE N15,000

MACHINERIES ( RENT)

For both first and second N20,000


operation – ploughing and tilling

PLANTING (LABOUR COST) N10, 000

WEED CONTROL N5,000

INSECTICIDES N5,000

TREATED SEEDLINGS N2,500

TOTAL N57,500
The above illustrated cost breakdown is for 1 hectare of land.

For the proposed 4 hectares of land the total cost will be multiplied by 4

57, 500 x 4 = 230,000

Therefore, the grand total cost of the farm project = 230,000 naira

RISK IDENTIFICATION AND MITIGATION STRATEGIES

There are several types of weeds, pests and diseases that affect maize plants such as stem
borers, army worms, grasshoppers, larger grain borers, downy mildew, maize streak virus and
Striga among others. Fortunately, there are several herbicides, pesticides and disease control
methods i can apply to prevent a breakout on my farm.

HARVEST: WHAT TO EXPECT

The amount of maize that can be harvested (per hectare) depends on the variety of maize
seedlings, amount of rainfall, sunshine and the level of weed, pest and disease control
management that was applied. However, The target yield is at least 5 tons per hectare.

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